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Hopes of Monetary Easing Heightened in Asia

Commodities moved sideways in European session as investors awaited US lawmakers to resume talks after the Christmas holiday. In Asia, the tone of monetary easing intensified as Chinese central bank inject liquidity to the market while the new Japanese government appointed new financial chief to save the country's sluggish economy. Earlier in the day, it was reported that Japan's housing start rose +10.3% y/y in November, down from the +25.2% gain in October and market expectations of the +10.4% gain.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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